“We didn’t want anyone to be in doubt of what we were offering policyholders because dishonest agents, men who lied, could have destroyed the company.” Ray Dieffenthaller, a friend of Cyril Duprey. (Express, 28 August 2024.) The recent passing of Lawrence Duprey, a business titan, should cause us all to …
Read More »Afra scrutinises Central Bank; have CL Financial bailout lessons been ignored?
In today’s world of alternative facts, we have to be alert to the special dangers posed by ‘false equivalence.’ False equivalence arises when two arguments are presented as being of equal relevance but, in fact, one is solidly fact-based and the other is mere speculation or invention. As recent events …
Read More »Recession was predictable: Save the country and jail the culprits
This recession did not creep up on us like the proverbial thief in the night. It was long in the making. In fact, from as far back as the global financial crisis of 2008-2009, when Clico collapsed and the price of oil plunged from a brief high of US$140 a …
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